1103 N 15th Avenue, Melrose Park, IL 60160
Cook County
Key Facts
Description
Prime investment opportunity in Melrose Park: a meticulously maintained multi-family property on a large corner lot offering steady rental income and upgrade potential. Features two rental units plus a full, unfinished walk-out basement with coin-operated washer and dryer. Unit breakdown: main level 3-bed/1.0-bath; second level 2-bed/1.0- bath. Property includes a detached garage, two additional rear parking spaces, and backyard. Solid location with strong rental/income potential great for investors or owner-occupiers seeking rental income.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1919
Lot Dimensions
52X125
Garage Spaces
2
Parking Spaces
6
Ownership
Fee Simple
Zoning
MULTI
Days on Market
3
MLS® Listing#
12671472
Property Features
Heating
Basement
Parking
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$7,456
Tax year 2024
Parcel Number
15034240080000
Directions
Division Street to 15th Avenue East to Property
Affordability Calculator
$95,000
Estimated monthly payment
$2,528/mo
Principal $380,000 · Est. interest $530,134 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Melrose Park, IL
- $346,410
- Median Listing Price
- 30
- Median Days on Market
- 1,654
- Median Sq Ft
- $210
- Median Price / Sq Ft
- 962
- Active Listings
- This home’s price is 37% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Melrose Park, IL.
Location
Points of Interest in Melrose Park, IL
Showing the Melrose Park area map.
Nearby Schools
RR Trade Schools
Secondary · 0.2 mi away
Word of God
School · 0.3 mi away
Melrose Park Elementary School
Elementary · 0.3 mi away
School District 89
School · 0.4 mi away
Jane Addams Elementary School
Elementary · 0.4 mi away
Walther Christian Academy
School · 0.4 mi away
Lincoln Elementary School
Elementary · 0.5 mi away
St Paul Lutheran School
School · 0.5 mi away
McNelty School of the First Ba
School · 0.6 mi away
Stevenson Middle School
Secondary · 0.6 mi away
Washington Elementary School
Elementary · 1.0 mi away
Bellwood School District
Secondary · 1.0 mi away
Thurgood Marshall Elementary School
Elementary · 1.1 mi away
Irving Middle School
Secondary · 1.2 mi away
Emerson Elementary School
Elementary · 1.2 mi away
Grant Elementary School
Elementary · 1.2 mi away
McKinley Elementary School
Elementary · 1.4 mi away
Grace Montessori School
Elementary · 1.4 mi away
Grant Primary
Elementary · 1.5 mi away
Proviso East High School
Secondary · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 19 E Pineview Drive, Round Lake Park, IL | $333,998 | 5 | 2 | 1,048 |
| 2842 Rhodes Avenue, Melrose Park, IL | $334,000 | 4 | 2 | 1,190 |
| 6538 Coach Lite Court, LOVES PARK, IL | $334,999 | 4 | — | 2,950 |
| 6538 Coach Lite Court, Loves Park, IL | $334,999 | 4 | 3 | 2,950 |
| 2987 Vaughndale Drive, MACHESNEY PARK, IL | $339,900 | 4 | — | 3,294 |
| 2625 N 74th Court, Elmwood Park, IL | $349,900 | 4 | 2 | 1,600 |
Moving Cost Estimate
EXIT Agents in Melrose Park
Listing Courtesy: Fulton Grace Realty - richie@fultongrace.com
Last Updated: 2026-06-08